GRN Funds Private Banking

Finally… a bank account for operating and legacy cash that will not get shut down.

Banking services that meet the highest standard in compliance. Concierge banking with the features of a traditional bank account to operate your cannabis business while reducing the dangers & risk of cash handling.

What We Do

Banking

GRN Funds offers banking services that traditional banks offer, but with more personalized oversight & security. Manage your business with online bill pay, ACH, wire transfers, cash depository & logistics, eCheck, and online account management.

Clompliance & Risk

Governance, risk management and compliance is the umbrella term covering an organization’s approach across these three areas: Governance, risk management, and compliance The GRN Compliance Program can performs a full audit and compliance assessment of legacy cash and will monitor and evaluate daily transactions.

Insurance

Your funds are deposited in an FDIC insured institution. The Federal Deposit Insurance Corporation is a United States government corporation providing deposit insurance to depositors in U.S. commercial banks and savings institutions. Access to federal deposit insurance is the number one hinderance for cannabis businesses today.

Banking Liason

Along with your GRN Funds Advisor, you’ll also have an experienced team of banking liasons to help facilitate KYC due dilligence, site surveys, account boarding, revenue audits, compliance oversight, and daily operating transaction reporting. Quickly and accurately identifying and reporting financial risks and opportunities is what we do best.

See If You Qualify

Fill out the following pre-application to see if you qualify to join our Private Banking Program.

To help the Government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

AS PART OF THE FINAL APPLICATION FOR A COMMERCIAL BANK ACCOUNT, YOU WILL NEED THE FOLLOWING:

• Please complete this application package and submit the following information:

• Last three (3) years business tax returns, including balance sheets and/or financial statements

• Interim Financial Statements, with prior year comparison

• Last three (3) years personal tax returns for each Guarantor (if applicable)

• Personal Financial Statement for each Guarantor (if applicable).

• Articles of Incorporation, Partnership Agreement, Trade Name Certificate, Business Resolution (one or more as applicable)

• Last three months bank statements for the business

• Copy of driver’s license and/or passport

• State license related to cannabis

• $2,500.00 Application & Setup Fee

Additional documentation and associated fees may be required as we proceed through the underwriting process. We will not be able to process your application without all of the above information.

By completing the form below you certifies that you intend to apply for a Commercial Bank Account in the manner indicated in this pre-application and certify that everything stated herein is correct. Pacific Banking Corp may keep this application whether or not it is approved.